Independent director exits Scage Future (SCAG) after unresolved operational disagreement

Rhea-AI Filing Summary

Scage Future reported that independent director Calvin Kung resigned from the board on April 8, 2026, effective the same day. The company states that his resignation followed a certain unresolved disagreement with the company related to its operations. Scage Future has not yet named a replacement to fill the resulting board vacancy.

Positive

• None.

Negative

• Independent director resignation over unresolved disagreement: Scage Future states that Calvin Kung resigned as an independent director on April 8, 2026 due to a certain unresolved disagreement related to the company’s operations, leaving a board vacancy and potential governance overhang until a successor is appointed.

Insights

Corporate governance analyst

Resignation with unresolved disagreement raises governance concerns.

Scage Future discloses that independent director Calvin Kung resigned on April 8, 2026 due to a certain unresolved disagreement related to the company’s operations. The resignation was effective immediately, leaving an open seat on the board.

Unresolved disagreements between an independent director and a company can signal differing views on oversight or operational decisions. The company has not yet appointed a successor, so board composition and independent oversight remain in transition until a new independent director is named.

Key Terms

independent director, unresolved disagreement, foreign private issuer

3 terms

independent director financial

"Mr. Calvin Kung, an independent director of Scage Future"

An independent director is a member of a company's board of directors who is not involved in the company's day-to-day operations and has no significant relationships with the company that could influence their judgment. Their role is to provide unbiased oversight and ensure the company is managed in the best interests of all shareholders. This helps build trust and confidence among investors by promoting transparency and accountability.

unresolved disagreement financial

"The resignation of Mr. Kung was a result of certain unresolved disagreement with the Company"

foreign private issuer regulatory

"REPORT OF FOREIGN PRIVATE ISSUER PURSUANT RULE 13a-16"

A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

For the month of May 2026

Commission File Number: 001-42632

Scage Future

2F, Building 6, No. 6 Fengxin Road
Yuhuatai District, Nanjing City
Jiangsu Province, 210012
People’s Republic of China

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒               Form 40-F ☐

Resignation of Independent Director

On April 8, 2026, Mr. Calvin Kung, an independent director of Scage Future, a Cayman Islands company (the “Company”), notified the Company of his resignation from his position as an independent director, effective on the same date. The resignation of Mr. Kung was a result of certain unresolved disagreement with the Company related to the operations of the Company.

The Company has not yet appointed a successor to fill the vacancy created by Mr. Kung’s resignation.

1

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Scage Future
Date: May 7, 2026	By:	/s/ Chao Gao
	Name:	Chao Gao
	Title:	Chairman and Chief Executive Officer

2

FAQ

Why did Scage Future (SCAG) announce a director resignation?

Scage Future announced that independent director Calvin Kung resigned on April 8, 2026. The company explains his resignation resulted from a certain unresolved disagreement with the company related to its operations, and the board seat remains vacant until a successor is chosen.

What role did Calvin Kung hold at Scage Future (SCAG)?

Calvin Kung served as an independent director of Scage Future, providing board-level oversight separate from management. According to the company, he resigned effective April 8, 2026 following a certain unresolved disagreement with the company related to its operations, and has not been replaced yet.

When did Scage Future’s independent director Calvin Kung resign?

Scage Future reports that independent director Calvin Kung notified the company of his resignation on April 8, 2026, and the resignation became effective on the same date. The filing also notes that the company has not yet appointed a successor to fill his board position.

Did Scage Future (SCAG) explain the nature of the disagreement with Calvin Kung?

Scage Future states that Calvin Kung’s resignation as independent director resulted from a certain unresolved disagreement with the company related to its operations. The filing characterizes it generally as an operational disagreement without providing further detail on specific issues or decisions involved.

Has Scage Future named a replacement for Calvin Kung on the board?

As of the filing, Scage Future reports it has not yet appointed a successor to replace independent director Calvin Kung following his April 8, 2026 resignation. This means the board currently has a vacancy until a new independent director is selected and appointed.